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Forum - VelocityShares 3x Long Crude Oil ETN - UWTI   

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From: Stockguy89 (Rep: 21) reply to maybeDate: 11/04/2016 10:22
Forum: VelocityShares 3x Long Crude Oil ETN - Msg #429Thread #673881974 (Rec: 0)
Well aware it could have a big down day. Just thinking oil is due for some sort of dead cat bounce. Re: UWTI heading towards 16. Getting a bit oversold here. Also there always s...



Reply to maybe - Msg #2644150 - 11/04/2016 10:21

Re: UWTI heading towards 16. Getting a bit oversold here. Also there always seems...

Not to say UWTI is a bad buy right now, but its not possible for it to be oversold. Its a triple leveraged ETF. They dont have technicals.
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser Stockguy89: Reward | Watch | IgnoreUWTI: Ignore

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